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Search Results 0 to 49 of about 50 (some duplicates have been removed)
MSNBC
Dec 12, 2012 9:00am PST
period. do the minimum that is possible now to stop us falling over the fiscal cliff, then when it comes to actual tax reform later next year, that will be the white house opportunity. democrats are saying we don't buy that. we're going to do it now, a majority. country supports us doing it and we're going to do it right now. it's a little bit the inverse of the republican argument that if we give you tax hikes now, how do we know we're getting the spending cuts later. democrats are saying the same thing, but in reverse. >> they feel they have the wind in their sails, not only because of the election, but people talk about debt ceiling being leverage. it would not be good for their party. >> that's exactly right. >> let's hear from jen first, ezra. i have a policy question for you. >> i think the debt limit is something that republicans are willing to put out there and hold over the democrats' head, as crazy as that is, but at the same time, there are a couple of dynamics, political dynamics, going on here. one, if you look at the exit polling from the election, it's not just that democr
FOX News
Dec 8, 2012 3:00am PST
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
ABC
Dec 9, 2012 8:00am PST
that fiscal cliff, we just come off a week of press conferences, symbolic votes in senate, but less than an hour of serious negotiating. what will it take to break the stalemate? we'll get into that this morning, with two big roundtables of elected officials and experts. let's begin with the lawmakers. senator tom coburn for the republicans and debbie stabenow for the democrats. and congressman hensarlingg. the president said that for there to be a big deal, tax rates on the wealthy are going to have to go up. if that's his bottom line, can there be a deal? >> again, as the speaker has said, unfortunately what we see out of the president is my way or the highway. one dollar revenue for 2.5 of spending reductions. now, after the election, it's a little bit of bait and switch. now he's asking for $1.6 trillion. and if you look closely, for every one dollar of tax increase there's about 20 cents of spending reductions. >> i'm talking about the rates. if the rates go up, can the republicans in the house accept the tax increase? >> no rep wants to vote for a rate tax increase. what that's goi
FOX News
Dec 5, 2012 6:00am PST
: a lot of the leadership and the players in these fiscal cliff discussions coming to the microphones moments ago. here is eric cantor, here is what he said. >> we have not had any discussion and any specific w-s thispecifics with this president about the real problem which is spending. we have got to do something about the spending. an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on the wasteful spending in washington. we can't just keep borrowing money and raising taxes and roblem to go away. that is our point to the president. as the speaker said, we want to sit down with the president waoerbgs wan, we want to talk spefrs. w specifics. we put an offer on the table. he out of hand rejected that. where are the specifics, and the discussions, nothing is going on. meanwhile people of this country are the ones who suffer. we ask the president, be specific about the spending, so we can address the wasteful spending in washington and address the problem. martha: eric cantor and john boehner saying
CNN
Dec 4, 2012 11:00pm PST
can't see the light when it comes to the fiscal cliff. 28 days to go. what will it take to get a deal? >>> plus, the stern warning for syria from nato. the use of chemical weapons will bring an immediate reaction from the international community. we ask our panel if the united states will go to war. >>> and a new hollywood movie about the hunt for osama bin laden sparks oscar buzz and outrage. questions over just how much confidential information the film makers had access to. an "outfront" investigation. let's go "outfront." ♪ >>> good evening, everyone, i'm erin burnett. "outfront" tonight, let there be light. finally, some bulbs turned on in washington this evening. well, on the congressional christmas tree, that is. pretty beautiful. lights, love, camaraderie, song. but while our lawmakers took some time to celebrate together, they still weren't showing any spark when it came to negotiating a deal to avoid the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table
CNN
Dec 4, 2012 4:00pm PST
central to this. and if they can come to a deal, then i think we can avoid the fiscal cliff. >> and do you think that -- somebody put this idea out here. and this idea is really vile. i'll use the right word. i think you'll agree. here's the idea. let's go off the cliff, just for purely political reasons, nothing happens immediately, and then, you know, you all come back in session in early january, and you give the middle class a tax cut, and you give the wealthy a tax cut, they'll pay more than they're paying now but less than $39.6. is that possibly what both sides are angling to? >> you use the word vile and i'll echo that word. i think going over the cliff is a sdasster. i think social leaders negotiate the best deal they possibly can, and let's try and get this done. i would not be for playing a game of chicken, if you will, or trying to fool the american people who are pretty dad gum smart when it comes to these sorts of things. >> do you fear the right wing of your own party, a wing that says any revenue, as you heard jim demint say, no revenue, not part of the deal. do you think t
MSNBC
Dec 7, 2012 2:00pm PST
's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> welcome back to "hardball." that was speaker boehner's downbeat assessment of fiscal negotiations. he went on putting blame squarely on the president. let's listen. >> this president has adopted of a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious, to come back to us with a counteroffer. >> shortly after house ni mort leader nancy pelosi put the plame back on republicans. let's listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. this is a moment of truth. the clock is ticking. christmas is coming, the goose is getting fat, but in many homes across america it's very -- a very, very lean time. >> and today's jobs report showing 146,000 jobs added in november and unemployment dipping to 7.7% may give the president some leverage in negotiations with boehner. but wh
CNN
Dec 6, 2012 1:00pm PST
. >> the president has known about the so-called fiscal cliff for a year but has yet to come up with a plan that actually reduces our deficit. i'm willing to work with anyone to put a plan on the table, but we're not willing to negotiate with someone who hasn't put a plan on the table. the president has not put a serious plan on the table. >> as far as a compromise on the marginal tax rate 35% going up let's say 36% or 37%, is that acceptable? >> no. no. because marginal tax rate increases if there is any increase in revenue, just gives them more to play with on capitol hill and more to spend. when we talk about fairness, when the top 2%, the $250,000 and above are already paying 45% of total income tax, that's a big question of fairness there too. >> who should nicki haley name to replace you? >> i talk today her today. i share the same philosophy, the conservative philosophy. i told her i trust her decision and i'm not going to push her one way or another. >> a lot of speculation, congressman scott? >> he's a wonderful person. our whole delegation is really strong. she's got a tough choic
Current
Dec 5, 2012 3:00am PST
to come to an agreement on the debt ceiling or -- and on the fiscal cliff? forget it. >> it was remarkable to see how this happened yesterday. i will read from john stanton's twitter feed our friend from business feed. i was there -- buzzfeed. his presence could push it over the edge. dole was there watching them vote. after he left the floor, he said the republicans very quietly got up, didn't vote from their desk. they got up quietly walked up to vote. he said that was remarkable because nobody wants that video in a commercial of them voting against bob dole, against people with disabilities. >> yeah, senator moran now, i forget his first name from texas who, i'm sorry from kansas jerry moran of kansas. i think he has the bob dole seat. he put out a press release with john mccain praising the treaty when it was first brought to the senate. he voted against it yesterday. these guys are courts and mean and they don't care. they don't care about the disabled either. my point is, again, this is the gang that the president has got to do bu
MSNBC
Dec 8, 2012 11:00am PST
report because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat. but in many homes across america, it ee's a very, very l time. >> the goose is getting fat. haven't heard that before. that was speaker john boehner and house minority leader nancy pelosi. they're reacting to yesterday's jobs numbers and the looming fiscal cliff crisis with neither side eager to budge or make concessions. the big question, can they come to an agreement before time runs out or will they take huge risks by cliff diving on december 31st. congressman allison schwartz is a ranking member on the house budget committee which will of course play a crucial role in these fiscal cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal
Current
Dec 6, 2012 3:00am PST
going off the fiscal cliff. one more good hour coming up. stay with us. >> announcer: this is the "bill press show." [ ♪ theme ♪ ] >> bill: good morning friends and neighbors. what do you say? good to see you this morning welcome to the "full court press" here on current tv. coming to you live across this great land of ours. on current tv. and bringing you the news of the day. not only that, giving. >> chance to talk about it. sound off at 1-866-55-press. that is our toll free number and good news, good news, as of yesterday, the recreational use of marijuana is now legal in the states of colorado and washington states but be careful! because also yesterday the department of justice announced -- reminded us all that marijuana is still illegal under federal law and the department of justice says they will continue to enforce the federal law even in colorado and washington. big mistake. the people have spoken! all right. we'll get your take on that and a whole lot more. but first, we take time out
MSNBC
Dec 10, 2012 9:00am PST
with the realities of new taxes that are coming on-line because of health care. the fiscal cliff issues, et cetera. let the speaker do what the speaker does best, and that's negotiate his deal. >> the other michael steele, in this town, which is to say speaker boehner, one of his spokes people, released this tidbit of information, and i stress the word tidbit because it is ever so small. discussions with the white house are taking place, but we have no detail to share about the substance of those conversations. the republican offer made last week remains a republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. when they are in a room together, do they stare at each other and not talk? presumably like some words are communicated and there is some ball moving somewhere if not forward then to the side? >> i'm going to twitch my eye a little bit. you're going to have to guess which entitlement i'm talking about. i think that's the case. i mean, it seems like part of the boehner str
CNN
Dec 5, 2012 6:00am PST
. the fight over the fiscal cliff shows no signs of easing. coming up at the top of the hour we're expecting to hear from house speak er john boehner and house republicans, who have been meeting this morning. they're not happy with the negotiations. president obama says no deal will be reached without higher taxes on the wealthy. >> a new twist in the case of internet mogul john mcafee, millionaire on the run from police in belize, who want to question mcafee about the shooting of a man, but say mcafee is not a suspect. >>> typhoon kills 274 people in the philippines. it destroyed homes. it left washed out road, downed power lines and lots of damage. >>> dr. phil's stolen '57 chevy has been found. the chevy belair in los angeles while investigating stolen cars. targeting repair shops and making off with the cars. dr. phil's chevy has minor body damage butto otherwise is in good condition. >>> tradition in south carolina was way too much for one giraffe. it was all caught on camera. ooh, melman the giraffe started shaking and jumping up and down at a tree lighting ceremony. in the end, the gi
CNN
Dec 5, 2012 2:00am PST
with a look at what's coming up on "starting point." >> we'll talk about the fiscal cliff, the president's demand wealthy americans pay more in taxes. is he willing to compromise with republicans? we'll talk to stephanie cutter the deputy campaign manager from the re-election campaign. also we'll talk to republican congressman from texas jim hensarling. a horrifying moment ends up on the cover of "the new york post." look at the picture of the man in the shot moments later who would be killed, crushed by that train. was "the post" wrong to publish this picture? teachers should they have to ta take tests before they practice teaching like doctors and lawyers? a recommendation in a new report from comes from the american federation of teachers. we'll talk about that with the president of that organization randy weingarten. >> passing the bar, like an attorney passes the bar, should teachers have to pass the bar. >> that's how they explain it. it is like a bar for teachers. >> see you soon. >> 27 days until we fall off the fiscal cliff and neither side seems any closer to coming to a deal.
CSPAN
Dec 5, 2012 1:00am EST
incomes. significant increases in both are scheduled. as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interesting, distributional characteristics. as you think about the political process trying to structure when a package with a revenue goal and a distribution goal, my prediction is you will see at least some of those increases occur. i personally would be surprised if the dividend rate went back up to ordinary rates. the senate would allow it to stay at the capital gains rate, and go it to 15% to 20%. the president initially proposed cutting dividends they the same as capital gains. my guess would be that that is where we end up. >> what would you say is best? should the dividend be the same as capital gains tax >> i find it hard.
CNN
Dec 5, 2012 1:00pm PST
in the situation room. they're working very hard to avoid the fiscal cliff. thanks so much for coming in. for so long, republicans wanted to extend the bush tax cuts forever, now for 98% of the american people, the democrats are saying, we're ready. we've given up, we'll let you have those bush tax cuts for as long as possible. let's just resolve that, we'll move on to some of the tougher issues later. let's make sure that 98% of the american families have these lower tax rates into next year. why not give that? >> the debate over those top two pshsz, is really a strong man debate. what we need is tax reform in america. we need a simpler less complicated tax code. >> i agree with you. we need a tax reform. why not resolve this one issue, make sure taxes don't increase for 98% of the americans, 100% of americans for their first $250,000 a year. let them have that, and then move on to tax reform and some of the other issues. >> i think it's important not to confuse a quick fix with a real fix. we could increase the top 2% their tax rates to 100% and it would cover 91 days worth of spending. it doe
ABC
Dec 9, 2012 9:00am EST
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MSNBC
Dec 6, 2012 12:00am PST
it comes to policy, it's not there. what about the fiscal cliff, congresswoman? where is this all going at this hour, as you see it? where are we? >> well, you're exactly right, ed. and steny hoyer, i know, mentioned it earlier on your program. there is a bill in the house of representatives right now that is already passed the senate. if paul ryan and marco rubio and the rest of the republicans and the house and senate want to make sure that we really give a fair shot, as president obama has fought so hard for, to the middle class, we can take up that bill in the house next week when we go back into session and give that certainty to the middle class. then we can work in earnest together to reduce the deficit in a balanced way that will make sure we don't first throw the middle class under the bus. that whatever we put forward have spending cuts and revenue that is going to take care of the middle class and make sure that we have spending cuts and revenue that ensures that they're fair and that the math works. there has been no evidence thus far that the republicans are interested in d
FOX Business
Dec 11, 2012 11:00pm EST
will not becomnotbecome -- come comment e economy. i do not want us to go off the fiscal cliff, congress created in a bipartisan way this is the result of the last fiscal cliff. neil: both sides agreed. >> i voted against it, it was a bad idea, why create artificial crises to force action. neil: they did. >> now the country -- now they want to do it again, now let's hurt growth in economy, and cut a deal that hur growth,o from a year from now we'll have a worse fiscal cliff. we have a 16 trillion-dollar debt. these tax increases do nothing to self, you have 200,000 less jobs next year for, that those who vote for that will be held responsible for that decision. neil: is it terrible public policy if you leave off the table. what accounts the majority of spending off the table. if you leave out medicare, and medicaid, and don't even pry to brid up -- try to bring up social security, 8 democratic members and congressmen marked that, d't touch these entitlements, one of next. s. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, so
CNN
Dec 5, 2012 4:00am PST
to you. with 27 days left before we come face to face with the fiscal cliff, former presidential candidate newt gingrich has some advice for his fellow republicans. let the country go over it. gingrich telling cnn's piers morgan the president is using his newfound political capital to pressure the opposition and republicans should stand their ground. >> i think he's putting the republic republicans in a corner. they need to relax. they don't have an election until november of 2014. you want to negotiate seriously we'll sit down and talk. you don't want to negotiate seriously, we'll survive going off this cliff. no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to have a bigger cliff. >> gingrich went on to say he doesn't sense any mutual respect right now between the president and house speaker john boehner and that troubles him. >>> a lawyer says john mcafee will request asylum in guatemala. he emerged from weeks of hiding yesterday. he disappeared from his home in belize after his neighbor was
FOX News
Dec 5, 2012 8:00am PST
a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this comes on -- the speech is coming on a breaking news day jenna of what you and i were talking about and that is basically citigroup laying off 11,000 workers as the president is now speaking to the business roundtable. those layoffs at the nation's third biggest bank have begun. jenna: let's talk a little bit more about that, liz, that news came into our newsroom a couple of hours ago. you've been working this. learning more about also what is to come for the big bank. why is the bank making such massive job layoffs now and what is really to come in the next year or so? >> reporter: yeah, what we're talking about here is essentially this is citigroup, this i is the bank that got $476 billion in bailout help. it got the most bailout help of any bank. what happened was citigroup was -- its ceo had stepped down a couple months ago, now they have a new ceo by the name of michael corbett, an is working very aggressively to cut out the excess, the mi
FOX News
Dec 9, 2012 3:00am PST
: a pleasant thought. what's happening in 23 days from now, that of course is the fiscal cliff. it was disheartening to hear john boehner come out yesterday and say we are nowhere near any sort of progress or any sort of outcome. >> we have been talking. >> clayton: we have been having lunch, haven't been talking to the other side. and look we have the countdown clock, 23 days. and republicans are basically saying, look, the president doesn't want to do this, doesn't want to have an agreement. the president though is saying, look, we can get this done. let's listen to the president first. >> when all of this, bypassing a law that prevents a tax like on the first $250,000 of everybody's income, that means 90% of americans and 97% of small businesses wouldn't see their income taxes go up by a single dime and even the wealthiest americans would get a tax cut on the first $250 of their income and families everywhere would enjoy some peace of mind. >> see, the thing is here, republicans think that the president doesn't want to do anything. at the end of the day, if the president dog
MSNBC
Dec 7, 2012 9:00am PST
do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor force, encouraged that they have a chance at getting a job. nonetheless, 146,000 jobs created. that's good for the president. gives him a chance to go out there and have some momentum going into the fiscal cliff talks. i was just at the speaker's press conference down the hall at the top of last hour and he said look, there's no progress being made and his call with the president was just more of the same and the staff talks behind the scenes yesterday were more of the same. he didn't give us a whole lot of optimism going into this weekend here, alex. >> here's my question. i have many questions, but when we get these numbers
MSNBC
Dec 10, 2012 8:00am PST
cliff, but resolve it in a way that makes our country stronger. that's why the president's come here to metro detroit. we're the home for u.s. manufacturing. also we're the home for the american worker. we need to resolve our fiscal problems, but resolve them in a way that continues to investigation in training and educating our workers and advanced manufacturing and also providing the revenue that we need to still provide health care to our seniors and social security to those who depend on it. >> sir, let's talk about getting to the sensible center here. because as the politico poll that i referenced earlier off the top of the show indicates, 59% oppose significant cuts to defense but 75% favor across the board spending cuts. so where are you and other colleagues willing to start with those spending cuts? i mean, what are democrats willing to put on the table specifically? >> well, first of all, i've spoken to many republicans in the house. i'm one of the most liberal democratic members of the house, but i have great relationships with the republicans. all of us want to resolve thi
CSPAN
Dec 4, 2012 8:00pm EST
of framework hopefully comes out of the fiscal cliff through their committees to help develop details of how to do tax reform. we lucky to have with us today chairman baucus. he has been thinking about these ideas for quite some time. he has a tremendous amount of expertise. he will talk about where the situation is. thank y thank you, senator. [applause] >> thank you, maya. thank you to everyone for adding this together. very interesting set up. i do not know if there will be darts or spitballs on my back. it is good to be here and help in whatever way i can. first, i would like to commend erskine bowles and simpson further laserlike focus on this . you are engaging the american. you have drawn attention to the fiscal challenges that are threatening our future. many here today are proponents of the simpson-bowles plan. i certainly senator simpson and bowls -- i have served with senator simpson and senator bowles. this report has helped advance the national level and has taken on increasing importance. it should be part of our debt reduction debate. i would like to start this morning by tell
MSNBC
Dec 6, 2012 3:00am PST
house absolutely is ready to go over the fiscal cliff. where do negotiations go from there? keep it right here on "morning joe." >>> good morning. it's 8:00 on the east coast 5:00 a.m. on the west coast. time to wake up, everybody. welcome back to "morning joe." take a live look at new york city. back with us onset we have harold ford. >> he is a professor. >> yes, he is. >> hard to believe. >> and a former member of congress. >> yes. >> steve rattner. >> he is a financier. >> yes he is. >> also hard to believe. >> and mark halperin in washington. >> he is a secret agent. won't tell us who he is meeting with. >> so cagey. >> boy, there are some stories here. unbelievable. you're talking about libya and i tell you what. you've got assad about to cross that red line and he's going to see russia leaving quick. i think he'll see even troops going in there if he starts using chemical weapons against his own people. morsi in trouble, egypt. the biggest revolt since mubarak was pushed out of power. the "new york times" also has another fascinating story. john boehner gains strong backin
FOX News
Dec 5, 2012 3:00pm PST
: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business owners denying they're trying to punt. >> i'll be here and available at any moment to sit down with the president to get serious abouting the problem. >> they noted the president has not scheduled any meetings with the g.o.p. leaders in weeks. not offered any counterproposal to boehner's plan from last week. >> a balanced approach the president has been asking for. now we need response from the white house. >> reporter: they continue to insist the impediment to the deal is boehner's tax revenue is not enough
CNN
Dec 5, 2012 11:00am PST
, 27 days until the fiscal cliff. and i know you know that already, but guess what, folks? the deadline for congress and the white house to act, to stop the tax increase and punishing spending cuts, that deadline is coming up quicker than you may realize because did you know, congress plans to end its current session on december 21st? check your calendar as we did today. that's two weeks from friday. that means that under congressional rules any agreement, any legislation to fix this whole mess would have to be filed here by december 28th. here's the kicker. the president currently plans to leave town the day before that, on the 17th of this month. so the yearly obama trip to hawaii is set to start a week from next monday. you feel me here? see where i'm going? the window closing faster than folks think. what are our decisionmakers doing right now? among other things they are apparently sending signals through the media. republicans saying time to get moving. the president saying there is a deal to be had fairly quickly if the republicans come around to raising taxes on the wealthy. let
CSPAN
Dec 7, 2012 10:30pm EST
. this is not a progress report because there is no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. eight days ago, secretary geithner kaine your to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts, and it had an indefinite and infinite increase in the debt limit, like forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to push our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike he wanted, understand we will continue to see $1 trillion deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president does not agree wit
FOX News
Dec 5, 2012 3:00am PST
. everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've got that. but we are definitely going to tax the rich just a little bit more come january 1 to pay for obamacare, specifically taxes on capital gains, dividends going up to just a little bit more, just a little bit more on january 1, and also a little bit more on income of those people making more than $200,000 a year. so we have defined rich down to $200,000 a year. it was a lot higher than that, but guaranteed january 1, a little bit more for obamacare. >> steve: when you say a little bit more, you mean like 3 or 4%, which adds up. >> it does. it's 3.8% extra as a capital gains tax. >> steve: that's a done deal. that's baked into the health care reform? >> that's it. there is no discussion about it. that was passed two years ago. this is going to happen. then you've got maybe a little bit more on income and other forms of income if we approach this fiscal cliff and the president gets his way. he is digging in his heels on higher tax rates on upper income earners. that will be a little bit more from
CSPAN
Dec 8, 2012 2:00pm EST
the fiscal cliff? [laughter] >> this is off the record? >> just us. >> there is no reason the country should not be able to come together and overcome the dysfunction to have a broad, fair agreement revenues from those who can afford it most and the type of entitlement reform that we need to gather to be part of a balanced deficit reduction package. everyone has to realize compromise is not a dirty word. there's just no reason. they're the reason it should come to that. i will connect a slightly to our discussion here in two points. one reason you want to have an agreement that does include the type of significant revenues and mandatory savings is that because we cannot come to an agreement on that, we continue to cut too deeply into some of the domestic discretionary where a lot of our investment in the future comes from. i agree completely with what senator alexander said about the and portents -- about the importance of our andy in breakthrough technologies -- of research and development that would not get funded simply because no individual actor can capture the benefits of the research
CNN
Dec 7, 2012 2:00am PST
men left standing between all of us and the fiscal cliff. in 25 days america goes over the edge. that's when severe tax hikes and cuts in spending begin. according to the "new york times," john boehner has asked democratic leaders to step aside so he and the president can attempt to negotiate a deal one-on-one and no one is objecting. paul steinhauser is live from washington. paul, you got some new polling for us. what do americans want to see in a deal? >> it's interesting what they want to see and what they don't want to see. one of the biggest sticking points between democrats and republicans over averting the fiscal cliff is raising taxes on those making over $250,000 a year. look at this from quinnipiac university, the question was asked are you okay with that? 65% say they support such a move to avert the fiscal cliff. this is the third poll over the last two weeks to show the same thing, that most americans are okay with raising those taxes on incomes over $250,000 a year. go to the next screen, there's a partisan divide here. this explains why most republicans are dead set aga
MSNBC
Dec 11, 2012 9:00am PST
the fiscal cliff. >> put it all in there. >> why not? >> i will say i don't actually look forward to 24-hour speeches. >> no, i don't. it's interesting that the crux of this seems to have come down to eliminating something that is quiet. okay? we're not talking sdret secretive. filibusters are public acts. do we just want to sort of amplify this and give people more opportunity to speak and get camera time? i mean -- >> it does raise the mrekt stakes for people to do that because they look like jack asses. not that they don't already. >> as you were saying, it's a largely secretive process. independent of the actual filibuster, you can put up roadblocks, and no one knows. you are not accountable. it's really about shame and transparency here, isn't it? >> yes. for example, on the disclose act, we were trying to get a 60th vote to end debate. the -- there was absolutely nobody speaking to the bill on the floor, speaking, if you will, in favor of killing the bill. the republicans wanted to block it. they wanted to block it in the dead of night. they didn't want to speak to it, and the rules do
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